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1002211
star this property registered interest false more like this
star this property date remove filter
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Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Banks: Finance more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of the European Banking Authority's recent analysis of the strength of UK banks in adverse scenarios. more like this
star this property tabling member printed
Lord Birt more like this
star this property uin HL11232 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-11-19more like thismore than 2018-11-19
unstar this property answer text <p>The Government supports the use of stress tests as a tool to ensure the ongoing resilience of the European Union’s banking sector. Well capitalised banks, under a robust regulatory framework, are better able to lend to the economy, supporting jobs and growth. A full response to the European Banking Authority’s (EBA) report has been published by the Bank of England (BoE). The BoE noted that the results of the latest EBA test confirmed the results of earlier BoE stress tests that the participating UK banks would be resilient to a severe economic and market stress. The BoE will publish the results for its next annual stress tests on 5 December.</p> more like this
star this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-11-19T16:22:02.377Zmore like thismore than 2018-11-19T16:22:02.377Z
unstar this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
2533
unstar this property label Biography information for Lord Birt more like this